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Oil Trading Alert: Crude Oil vs. Resistance #2
February 27, 2017, 8:06 AMOn Friday, crude oil lost 0.84% after oil investors digested the EIA report (which showed that U.S. crude inventories increased for a seventh week). As a result, the black gold invalidated the earlier breakout above the upper line of the consolidation once again. Will this negative development encourage oil bears to act?
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Oil Trading Alert: Crude Oil – Double Top or Further Rally? #2
February 23, 2017, 9:06 AMOn Wednesday, crude oil lost 1.36% and invalidated the earlier breakout above the upper border of the consolidation. Will this negative development trigger further deterioration in the coming days?
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